MaxLinear Q2 FY26 swings to GAAP profit of $0.02 a share; revenue rises 55% y/y to $168.85 million
MXL•Q3 outlook
MaxLinear said it expects Q3 revenue of USD 210 million to USD 220 million. GAAP gross margin is seen at 57% to 60%.
Q2 revenue and profitability improve
MaxLinear posted Q2 net revenue of USD 168.85 million, up 23% sequentially and up 55% year over year.
GAAP net income turned positive at USD 1.76 million, or USD 0.02 per diluted share.
Non-GAAP diluted EPS rose to USD 0.35; non-GAAP operating margin expanded 6.4 percentage points to 22.3%.
Infrastructure business more than doubles
Infrastructure business revenue more than doubled, up 145% year over year on accelerated adoption of optical AI data center products.
